Courts / Kildare / Report
Bank seeks €2.8m judgement against Kildare couple
Summary
In a fast‑track Commercial Court hearing, the Bank of Ireland Mortgage Bank sought a €2.8 million judgment against Kieran Carew and his wife Pauline Harty of Newbridge, County Kildare, for alleged failure to repay two loans drawn in late 2006. The first loan, €2.6 million, was used to purchase nine residential and buy‑to‑let properties and was to be repaid over 300 months, with the first seven years interest‑only. The second loan, €535,000, was intended to settle debts to another lender and was to be repaid over 168 months. The bank claims it engaged in discussions with the couple in late 2013 and early 2014, offered to amend the first loan's terms, but the couple did not accept.
Who, what, where, when and why
What: Report matter: Bank seeks €2.8m judgement against Kildare couple. Procedural stage: hearing_or_decision
When:
- August 2014 Other
- 2015-02-02 Publication
Places mentioned
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